Many individuals work beyond the age of 65 and would like to continue their employer coverage, instead of signing up for Medicare. When you do retire, you’ll be able to enroll during a special enrollment period. This period is eight months long and begins either the month after you or your spouse retires or the month your employer-provided coverage ends, whichever happens first. Often times, Medicare plans are less expensive and offer better benefits than employee plans. Request a free consultation today, it’s worth knowing all your options and comparing benefits.

If you work beyond age 65 and have employer-provided coverage you would like to continue with, you can delay enrollment into Medicare without penalty.

If you move outside of a plan’s service area, this triggers a two-month enrollment period during which you could switch to a Medicare Advantage or Part D plan. You could also return to Original Medicare without a penalty and possibly enroll in Medigap.

The annual enrollment period for Medicare Part C and D begins October 15 and ends December 7, respectively, each year.  If you miss this period, you may be required to wait for the next valid enrollment period.

During annual enrollment, you can switch to Medicare Advantage from Original Medicare (Plans A and B). You can also switch your Medicare Advantage plans and Part D plans.

Medicare now provides an additional enrollment period specifically for Medicare Advantage plans. This enrollment period begins January 1st through March 31st and allows you to make a change from one Advantage plan to another.